Grenada 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$1.04 billion
↓ 14.02% vs 2019GDP per Capita
$8,968.56
↓ 14.28% vs 2019GDP Growth (Annual %)
-13.76%
↓ 14.43pp vs 2019Inflation Rate (CPI %)
-0.74%
↓ 1.34pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.21 billion | $1.04 billion | -14.02% |
| GDP per Capita | $10,462.79 | $8,968.56 | -14.28% |
| GDP Growth (Annual %) | 0.68% | -13.76% | -14.43pp |
| Inflation (CPI %) | 0.60% | -0.74% | -1.34pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $1.04 billion
- GDP per Capita
- $8,968.56
- GDP Growth (Annual %)
- -13.76%
- Gross National Income
- $972.01 million
Prices & Employment
- Inflation (CPI %)
- -0.74%
- Inflation (GDP Deflator %)
- -0.30%
- Unemployment Rate (%)
- N/A
- Interest Rate (Real %)
- 7.15%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -16.11%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Grenada's Gross Domestic Product (GDP) is $1.04 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Grenada for 2020 is $8,968.56. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Grenada for 2020 is -0.74%. This measures the annual percentage change in the cost of consumer goods and services.
Grenada's annual GDP growth rate for 2020 is -13.76%. This indicates the rate at which the country's economy is expanding or contracting.